wealsocan''trewardworkandfamilyunlemenandwomengetequalpayforequalwork.(alause.)today,thefemaleunemploymentrateisthelowestithasbeenin46years.yet,womenstillonlyearnabout75centsforeverydollarmenearn.wemustdobetter,byprovidingtheresourcestoenforcepresentequalpaylawtrainingmorewomenforhigh-paying,high-techjoandpaingthepaycheckfairneact.(alause.)
manyworkingparentsenduptoaquarter--aquarter--oftheirincomeonchildcare.lastyear,wehelpedparentsprovidechildcareforabout2millionchildren.mychildcareinitiative,beforeyounow,alongwithfundsalreadysecuredinwelfarereform,wouldmakechildcarebetter,saferandmoreaffordableforanother400,000children.iaskyoutopathat.theyneeditoutthere--(alause.)
forhard-preedmiddle-incomefamilies,weshouldalsoexpandthechildcaretaxcredit.andibelievestronglyweshouldtakethenextbigstepandmakethattaxcreditrefundableforlow-incomefamilies.(alause.)forpeoplemakingunder$30,000ayear,thatcouldmeanupto$2,400forchildcarecosts.youknow,weallsaywe''repro-workandpro-family.paingthisproposalwouldproveit.(alause.)
teofmillioofamericalivefrompaychecktopaycheck.ashardastheywork,theystilldon''thavetheoortunitytosave.toofewcanmakeuseofirasand401-kpla.weshoulddomoretohelpallworkingfamiliessaveandaccumulatewealth.that''stheideabehindtheindividualdevelopmentaccounts,theidas.iaskyoutotakethatideatoanewlevel,withnewretirementsavingsaccountsthatenableeverylow-andmoderate-incomefamilyinamericatosaveforretirement,afirsthome,amedicalemergency,oracollegeeducation.iproposetomatchtheircontributio,howeversmall,dollarfordollar,everyyeartheysave.andiproposetogiveamajornewtaxcredittoanysmallbusinethatwillprovideameaningfulpeiontoitsworkers.thosepeopleoughttohaveretirementaswellastherestofus.(alause.)
nearlyoneinthreeamericanchildrengrowsupwithoutafather.thesechildrenarefivetimesmorelikelytoliveinpovertythanchildrenwith